The real changes in the financial world are starting with combining DeFi and CeFi, which is paving the way to mainstream crypto adoption. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of...Continue Reading

It appears record-level DeFi exploits have not hurt crypto enthusiasts’ confidence in DApps. According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year over year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4...Continue Reading

Central bank digital currencies digital currencies backed by a central bank have received renewed interest with the United States President Joe Bidens Executive Order on Ensuring Responsible Development of Digital Assets. Proponents of CBDCs argue that widespread adoption will promote financial inclusion, expand public access to safe money, improve the efficiency of payments and more....Continue Reading

The developers are currently working on a security upgrade and plan to increase the number of validator groups to 21 before making the Ronin Bridge live again. Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance.  The fundraiser is...Continue Reading

Large spikes in whale transactions typically precede a period of declines in the Litecoin market. The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021. Litecoin selloff ahead? On-chain analytics platform Santiment detected a total of 3,458 LTC...Continue Reading

Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March. Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports. Called the Metaverse Discretionary Strategy portfolio, the new product is managed...Continue Reading

Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets. Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to...Continue Reading

The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that Yearn V3 plus ERC-4626 equals “Inevitable.” Following the successful deployment of twenty-five previous Ethereum Request for Comments (ERC) standards, including the industry-recognized ERC-20 designed for tokens, ERC-721 for nonfungible tokens (NFTs), and the single smart contract multi-token ERC-1155; the newly-passed...Continue Reading

After launching in 2019, Binance.US has reached a pre-money valuation of $4.5 billion and rolled out services in 48 states and eight territories. Binance​.US, the American partner of Binance, the world’s largest cryptocurrency exchange by trading value, has completed its first-ever external funding from investors like Circle Ventures. Binance.US has raised more than $200 million...Continue Reading

The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals. Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers. According to Bloomberg, the service is known as BCAM and will serve institutions, family offices and high-net-worth individuals. BCAM was founded...Continue Reading